Lennox & Addington is seeing a surge in real estate pricing over last year, same period (+33%). It is difficult to determine whether this is due to the mix of homes sold to date for 2021, or just a lot of desperate people. My feeling is that this is a bit of both.
For Lennox & Addington, January was ALMOST like any other January for sales volume. But what did sell, went very quickly. Instead of 56 days on the market, this dropped to 30. To put this into perspective, in previous years (like 5+ years ago) we would see days on market 60 – 90 days or … Read more
What a crazy year for real estate. COVID certainly didn’t stop people from buying or selling. In fact we saw an 8% increase in sales over the previous year for Kingston & Area which included Stone Mills. Lennox & Addington only saw modest 2% increase in sales.